Jr. Property Accountant

VESTA CORPORATION

Posted 2 months ago

Full Time

Simsbury, Connecticut

In Person

Smart Summary

Responsibilities

The Jr. Property Accountant is responsible for full general ledger accounting for a portfolio of properties, including financial reporting and account reconciliations. They will also prepare financial packages, manage bank accounts, and support internal audits in compliance with GAAP.

Qualifications

You have a Bachelor's degree in accounting, finance, or a related discipline, with knowledge of general financial accounting and cost accounting principles. You are highly proficient in accounting software and Microsoft Office Suite, possessing excellent communication and organizational skills with a strong attention to detail.

Must Have Skills for ATS

accounting software

Microsoft Office Suite

general financial accounting

cost accounting

GAAP

Job Description

Description

Be a part of the best team in Property Management!

Founded in 1981, Vesta Corporation has grown to one of the top affordable housing property management companies in the country. As we continue to grow, now is the perfect time to join our team! We are currently seeking a Jr. Property Accountant to join our team at our corporate headquarters in Weatogue, CT.  

What we Offer:  

At Vesta, we take pride in hiring the best talent in Property Management.  We work hard and we have fun doing so.  In addition to our generous benefits package, we offer service awards, performance bonuses, team member appreciation events and opportunities for growth.  Our benefits include: 

  • Medical, dental & vision insurance 
  • Company matched 401(K) 
  • Paid time off- Vacation, sick, floating holidays 
  • 12 additional paid holidays 
  • Tuition Reimbursement 
  • PetPlan Pet Insurance 
  • Employee Assistance Program 
  • Long & Short-Term Disability Insurance
  • AND MORE 

The Jr. Property Accountant will prepare financial reports to track the organizations assets, liabilities, profit and loss, tax liabilities, and other related financial activities.

Essential Functions:

  • Full general ledger accounting for assigned Vesta properties (12-15 estimated property portfolio), ensuring accuracy of all financial data and reports, and compliance with GAAP and Vesta procedures.
  • Prepare draft financial packages to include monthly operating reports, cash management modules, escrow funding and accounts payable point-in-time ledgers by the 15th of each month.
  • Perform general ledger account reconciliations, record journal entries, record monthly accruals and prepaid liabilities, manage multiple bank accounts, and record fixed assets and depreciation, among various other financial tasks necessary to compile accurate and timely reporting.
  • Reconcile bank accounts.
  • Prepare and post journal entries to record bank charges, interest earned, and miscellaneous cash receipts.
  • Provide appropriate G/L, A/P, A/R, and banking information as needed to support audits for internal review.
  • Prepare financial components of budget as requested for internal review in accordance with established deadlines.
  • Prepare audit workpapers ensuring adherence to all investor, agency and company deadlines.
  • Participate an annual balance sheet review for all assigned Vesta properties.
  • Prepare and submit capital expenditure requests (RFR draws) with required documentation to appropriate parties and track status of funds.
  • Need to manage working relationships with outside parties
  • Performs other duties as assigned 

Knowledge, Skills and Abilities

  • Highly proficient in accounting software.
  • Highly proficient in Microsoft Office Suite or similar software.
  • Excellent written and verbal communication skills.
  • Excellent organizational skills and attention to detail.

Interested?  APPLY NOW!!!  

Requirements

Required Education and Experience:

  • Bachelor’s degree in accounting, finance or related discipline.
  • Knowledge of general financial accounting and cost accounting.
  • Understanding of and ability to adhere to generally accepted accounting principles.

Additional Eligibility Qualifications:

  • Highly proficient in accounting software.
  • Highly proficient in Microsoft Office Suite or similar software.
  • Excellent written and verbal communication skills.
  • Excellent organizational skills and attention to detail.
  • Successful completion of a background check and drug screening required.
  • Valid Driver's License and clean driving record required.

Vesta is an Equal Opportunity/Affirmative Action Employer. Vesta has an ongoing commitment to a diverse workplace free of discrimination and harassment. Vesta recruits, hires, trains, and promotes individuals in all job titles without regard to any protected characteristic, including but not limited to race, color, creed, religion, ancestry, sexual orientation, genetic information, national origin, age, sex, physical or mental disability, being a disabled veteran, veteran of the Vietnam era, or other eligible veteran, or any other protected category under any state or Federal laws. At Vesta, we are committed to a fair and equitable workplace.  

VESTA CORPORATION

Vesta specializes in the creation, revitalization, and operation of multifamily and senior rental housing communities. Vesta makes strategic investments in real estate and people, to create thriving communities. As a developer, manager, and owner, Vesta successfully delivers on its promises, ensuring investors, partners, residents, and community stakeholders have their expectations exceeded and their returns realized. Vesta and its predecessor have closed over $1 billion of financings for the development and financing of more than 20,000 affordable housing units in 12 states and the District of Columbia. We invite you to participate in our future success.
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